marcusl said:
ritcho said:Sorry to hear about the accident and I'm glad you're
ok. I once worked on a research project for an
insurance company, examining accident claims. My
advice (fwiw) is to get your quote but also get an
assessment of the pre-accident value of your bike. If
it is more costly to restore your bike to its pre-
accident condition, it will be cheaper for the
insurance company to cut you a cheque (as well as
being the correct settlement for the damage to your
property). You'll (probably) need to have a qualified
insurance assessor to do that for you - a quote for a
new bike from the shop won't do. Once you have the
information, a letter of demand is a pretty powerful
tool for making the other insurance company move. From
the research I had done, the letter needs to be
addressed to the insured, not the company. After all,
the insured is liable, whilst the insurer has entered
a separate arrangement to indemnify the insured. Good
luck, Ritch.
PS. F***ing 4wds!How do you find a qualified insurance assessor for
bicycles? Might give BNSW a call they may know if there is
one in Sydney.... How do you get a pre-accident value
assessment of your bike if it's not from a bike
shop...hmm....don't have the receipts...actually got it
from my brother in law who USED to run a bike shop on the
Gold Coast for an extreme discount ($700 instead of $1500)
As for the letter, i read somewhere to send it to both the
insured and their insurer....it was actually his dad's car
and is probably insured thus....but i don't have his
fathers name.... Defintley more research required! In a
way I'm kind of glad it was a 4wd...if it had've been
lower then i would have been catapulted over the top and
landed who knows how.... thanks for the advice marcus--
Most insurance companies are a bit strict on who can value
the bike, so give the insurer a call and check your
options. T